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20 Cards in this Set
- Front
- Back
- 3rd side (hint)
|
Total Float
|
LS - ES
or LF - EF |
Time Management
|
|
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Cost Variance (CV)
|
EV - AC
|
Cost Management
|
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Schedule Variance (SV)
|
EV - PV
|
Cost Management
|
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Cost Performance Index (CPI) or Cumulative CPI (CPIc)
|
EV / AC
or EVc / ACc |
Cost Management
|
|
|
Schedule Performance Index (SPI)
|
EV / PV
|
Cost Management
|
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Estimate at Completion (EAC) - 1
|
AC - Bottom-up ETC
|
Cost Management
This formula calculates the actual plus a new estimate for the remaining work. It is used when the original estimate was fundamentally flawed. |
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Estimate at Completion (EAC) - 2
|
BAC / CPIc
|
Cost Management
This formula is used if no variances from the BAC have occurred or you will continue at the same rate of spending. |
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Estimate at Completion (EAC) - 3
|
AC + (BAC - EV)
|
Cost Management
This formula calculates actual to date plus remaining budget. It is used when current variances are thought to be atypical of the future. It is essentially AC plus the remaining value of work to perform. |
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Estimate at Completion (EAC) - 4
|
AC + (BAC - EV) / CPIc x SPIc
|
Cost Management
This formula celculates actual to date plus the remaining budge modified by the performance. It is used when current variances are thought to be typical of the future. It assumes poor cost management performances and a need to hit a firm completion date. |
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|
To Complete Performance Index (TCPI)
|
(BAC - EV) / (BAC - AC)
|
Cost Management
|
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Estimated to Complete (ETC)
|
EAC - AC
|
Cost Management
|
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Variance at Completion (VAC)
|
BAC - EAC
|
Cost Management
|
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Communication Channels
|
N (N-1) / 2
|
Communications Management
|
|
|
Planned Value
|
PV
|
Cost Management
As of today, what is the estimated value of the work planned to be done? |
|
|
Earned Value
|
EV
|
Cost Management
As of today, what is the estimated value of the work actually accomplished? |
|
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Actual Cost (total cost)
|
AC
|
Cost Management
As of today, what is the actual cost incurred for the work accomplished? |
|
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Budget at Completion (the budget)
|
BAC
|
Cost Management
How mich did we BUDGET for the TOTAL project effort? |
|
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Estimate at Completion
|
EAC
|
Cost Management
What do we currently expect the TOTAL project to cost (at forecast)? |
|
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Estimate to Complete
|
ETC
|
Cost Management
From this point on, how much MORE do we expect it to cost to finish the project (a forecast)? |
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Variance at Completion
|
VAC
|
Cost Management
As of today, how much over or under budget do we expect top be at the end of the project? |
